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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Newark at 124 Barbwire Way, Newark, TX, 76071 priced at $320,000 converts $2,848/mo rent into $536/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,848/mo, and annual cash flow totals $6,432/yr on $106,080 invested. Return on cash invested prints 25.97% in year one, and rental yield reads 10.68% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. Five-year ROI reaches 136.71% and total cumulative return in cash sums $145,023. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,848/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 2020
7,244 sqft lot
$N/A/sqft
$110 quarterly HOA
Neighborhood data shown for ZIP Code: 76071, Newark, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,774 (100%) |
| Owner Occupied HU | 2,305 (83.1%) |
| Renter Occupied HU | 310 (11.2%) |
| Vacant Housing Units | 159 ( 5.7%) |
| Median Home Value | $314,831 |
| Average Home Value | $314,008 |
Residential
1,845
Single Family
1,818
Multi-Family
27
Businesses
108
Date | Event | Price |
|---|---|---|
| 2025-03-04 | Listed for sale | $320,000 |
| 2020-12-22 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | N/A | N/A | $311,592 | 5.05% |
| 2023-03-04 | $746.72 | N/A | $296,616 | 10.00% |
| 2022-03-04 | N/A | N/A | $269,651 | 10.00% |
Listed by: Anyiesa Johnson • Opendoor Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20860081
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
